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Get Smart About Housing Scams

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Get Smart About Housing Scams

Published November 29, 2022

Get Smart About Housing Rental Scams

Get Smart About Housing Rental Scams

Searching for housing? Scams are prevalent, so be careful when you rent.

43% of U.S. renters have encountered a rental scam (Better Business Bureau)
18-29 year-old renters are 42% more likely to experience rental fraud (Better Business Bureau)
$350 MILLION was lost to housing/rental scams in 2021 (2021 FBI Internet Crime Report)
9.1% of renters ages 18-29 have lost money to rental scams (compared to 6.4% of all renters) (Forbes)

Make sure a listing is legit before you commit.

Never wire transfer a security deposit of first month's rent before meeting the landlord
Always tour or have a person you trust visit the property
Never pay anything before signing a lease

Report Housing Rental Scams

Federal Trade Commission reportfraud.ftc.gov
Website where fraudulent listing was posted (e.g. Craig’s List)

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